Economy & Markets
The important economic and stock market news that advisors need to know.
BofA Strategist Sees Shaky Market Sentiment as Fed Pivots
By Julien PonthusMichael Harnett said earlier that investors should start putting more money into stocks outside the U.S.
December 18, 2024
Liz Ann Sonders: 'Froth' Is a Lousy Market IndicatorPockets of speculation in the market don't necessarily signal a downturn, the Schwab strategist says.
December 18, 2024
Stocks, Bonds Push Lower on Powell's RemarksThe S&P 500 fell below the 6,000 level, suffering its worst day since August.
December 18, 2024
Fed Lowers Rates by Quarter Point, Signals Two Cuts for 2025Policymakers signaled greater caution over how quickly they can continue reducing borrowing costs.
December 18, 2024
BofA's Moynihan Hints That He's Just Getting StartedNow in his 15th year, the CEO says he's sticking with his no-frills "responsible growth" strategy.
December 17, 2024
E-Trade Plans Zero-Cost Funds That Only Platform Clients Can BuyThe firm submitted plans to the SEC for five mutual funds spanning stocks and bonds.
December 17, 2024
Jeremy Siegel: Big Tech Stocks' Reign Could End in JanuaryThe economist suggests rebalancing to other market sectors in early 2025.
December 17, 2024
Mutual Fund Conversions Hit Record in ETF Industry's Epic YearAs demand for the ETF structure gains traction, 55 funds make the conversion — more than triple from 2021.